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estate planning Archives

Common mistakes in estate planning

For some, estate planning can be a sensitive topic, and even one to avoid. After all, discussing such arrangements can make many Missouri residents uncomfortable, or unsure of where to turn for adequate advice. While it may be tempting to push estate planning to the wayside, establishing a plan early on can make the entire process a smoother one. 

Making an estate plan with young children

If you are the parent of one or more young children in Missouri, the thought of making an estate plan may feel out of reach and possibly even unnecessary for you. However, the reality is that your position as a parent makes estate planning extremely necessary and important.

Why do I need to review my estate plan?

With December already here, you may well be in the midst of many holiday and other plans that relate to the end of yet another calendar year. Missouri residents can take advantage of the special nature of this time of year by setting aside time to review their estate plans. If your first thought upon hearing that is to question why you would do that, you should first think back on the past 12 months and consider what may have changed in your life over this time.

Widow and late husband's family dispute value of his estate

People in St. Charles are encouraged to see to their estate planning matters so that disputes over their final wishes can be avoided once they are gone. Yet no amount of planning may make up for family dynamics that tend to contribute to estate disputes. Experts often point to cases where one with children from a previous marriage marries again later in life as being those were clashes over estate assets are quite common. 

How to make an estate plan for a blended family

It is no longer unusual for families in Missouri to include stepparents and stepchildren as more people look to get married again after a previous divorce or death of a spouse. While the new beginnings associated with a remarriage can be positive in many ways, they do also represent special concerns that make estate planning different for couples in a blended family than for those in a traditional nuclear family.

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